TF Cornerstone Targeting Distress As It Deploys $1B Office Conversion Fund
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TF Cornerstone Targeting Distress As It Deploys $1B Office Conversion Fund

Two months after launching a $1B venture targeting office-to-residential conversions, TF Cornerstone and Dune Real Estate Partners have already identified three buildings to turn into apartments.  The fund, Alta Residential, is pushing to foreclose on a historic property in Philadelphia after buying a piece of the building’s…

TF Cornerstone, Dune Real Estate Form $1B Venture For Office Conversions
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TF Cornerstone, Dune Real Estate Form $1B Venture For Office Conversions

With the rate of office-to-residential conversions accelerating, a new venture has formed with plans to pursue $1B of the notoriously complex developments. The former New York City FBI headquarters building converted to apartments by TF Cornerstone at 201 E. 69th St….

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